This light is the 'Engine management light' this indicates there may be a fault (possibly with one of the engine's sensors), visit a local garage and query them about it.
they have a Diagnostics machine (this will tel the mechaninc what he/she will need to nkow and cn tell you what the problem is, maybe even quote you on a price for suggested repair.
Apprentice Mechaninc (anonymous)
April 2007